馃嚜馃嚞EgyptNorth Africa
EGX30 climbs 1.39 percent as market capitalization gains LE 23 billion
via Egypt Today1 min read
Egypt's stock market closed higher on Thursday, April 16, 2026, with the total market capitalization increasing by approximately LE 23 billion to reach LE 3.539 trillion. The benchmark EGX30 index rose by 1.39 percent, closing at 51,437.78 points. The EGX70 also saw gains, adding 0.43 percent to 13,385.26 points, and the broader EGX100 increased by 0.58 percent to 18,748.74 points. Total turnover for the day was around LE 113.8 billion, which included bond, treasury bill, and block transactions, with equity trading accounting for about LE 11.7 billion. The market's positive performance was primarily driven by net buying from Arab and foreign institutions, as well as retail investors, while local institutions were net sellers.
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This summary was AI-generated from a story originally published by Egypt Today.
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